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CNBC Economy

The September jobs report will be released Friday. Here's what to expect

Lingering questions over the state of the U.S. labor market could be answered Friday when the Bureau of Labor Statistics presents its nonfarm payrolls count for September. Wall Street is looking for job growth of 84,000 to close out the summer, with the unemployment rate holding at 4.1%, according to the Dow Jones consensus. While the top-line payrolls number represents a downshift from the pre-2025 trend, the jobless rate, which Federal Reserve officials watch more closely, is around a level indicating full employment. The September release follows a surprisingly strong gain of 162,000 in August, which also saw upward revisions to prior months. Fed officials likely will be looking to the number to confirm labor market strength while they simultaneously turn the balance of their attention to the more nettlesome inflation picture. "In the labor market, a broad range of data indicates that conditions have stabilized," Fed Vice Chairman Philip Jefferson said in a speech Thursday. "While job creation has been somewhat volatile, payroll gains have broadened to many sectors in recent months, which is encouraging. Layoffs have remained low, and job openings have moved a bit higher on net." Even with a solid jobs picture, Fed commentary this week has shifted market expectations for a rate hike near the end of October. New York Fed President John Williams remarked earlier in the week that "there is no need for urgency" when policymakers weigh whether to follow up on September's quarter percentage point rate hike with another increase. "On the employment side of [the Fed's twin goals of full employment and stable prices], the data show that the labor market continues to be solid — and has even strengthened a bit on the margin," Williams said. Markets subsequently sharply reduced the odds for a hike at the Oct. 27-28 meeting and see a move much more likely in December. Central to the argument that the Fed needs to focus on inflation but doesn't need to be in a hurry for another hike is the stable if unspectacular labor picture. Payroll growth has averaged 80,000 a month in 2026 but has been erratic, from the loss of 156,000 jobs in February to growth of 214,000 the following month, with hits and misses in between.

The September jobs report will be released Friday. Here's what to expect
North America
Yahoo Finance

U.S. economy adds just 29,000 jobs in September

Video Ad Feedback U.S. economy adds just 29,000 jobs in September Link Copied! ZipRecruiter labor economist Nicole Bachaud reacts to the numbers. Video Ad Feedback U.S. economy adds just 29,000 jobs in September 3:10 Now playing • Source: CNN • Source: CNN " data-fave-thumbnails="{"big": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/rye-founder-and-owner-martin-auer.jpg?c=16x9&q=h_540,w_960,c_fill" }, "small": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/rye-founder-and-owner-martin-auer.jpg?c=16x9&q=h_540,w_960,c_fill" } }" data-vr-video="false" data-show-html="" data-byline-html=" By Max Foster, CNN " data-timestamp-html=" Published 6:33 PM EDT, Fri October 2, 2026 " data-check-event-based-preview="" data-is-vertical-video-embed="false" data-network-id="" data-publish-date="2026-10-02T21:42:46.007Z" data-video-section="business" data-canonical-url="https://www.cnn.com/2026/10/02/business/video/new-york-sixty-dollar-bread-auer-live-100104pseg2-cnni-business-fast" data-branding-key="" data-video-slug="new-york-sixty-dollar-bread-auer-live-100104pseg2-cnni-business-fast" data-first-publish-slug="new-york-sixty-dollar-bread-auer-live-100104pseg2-cnni-business-fast" data-video-tags="cnni-fast" data-breakpoints='{"video-resource--media-extra-large": 660}' data-display-video-cover="" data-unselectable="true" data-details=""> Video Ad Feedback NYC bakery's $60 loaf of bread sparks social media buzz 3:34 Now playing • Source: CNN • Source: CNN " data-fave-thumbnails="{"big": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/sept-jobs-report.jpg?c=16x9&q=h_540,w_960,c_fill" }, "small": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/sept-jobs-report.jpg?c=16x9&q=h_540,w_960,c_fill" } }" data-vr-video="" data-show-html="" data-byline-html=" " data-timestamp-html=" Published 6:33 PM EDT, Fri October 2, 2026 " data-check-event-based-preview="" data-is-vertical-video-embed="false" data-network-id="" data-publish-date="2026-10-02T13:14:37.668Z" data-video-section="business" data-canonical-url="https://www.cnn.com/2026/10/02/business/video/what-to-make-of-the-final-jobs-report-before-the-midterm-elections-cnc" data-branding-key="" data-video-slug="what-to-make-of-the-final-jobs-report-before-the-midterm-elections-cnc" data-first-publish-slug="what-to-make-of-the-final-jobs-report-before-the-midterm-elections-cnc" data-video-tags="" data-breakpoints='{"video-resource--media-extra-large": 660}' data-display-video-cover="" data-unselectable="true" data-details=""> What to make of the final jobs report before the midterm elections 3:27 Now playing • Source: CNN • Source: CNN " data-fave-thumbnails="{"big": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/thumb-23030759-1812536-084-thumb.jpg?c=16x9&q=h_540,w_960,c_fill" }, "small": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/thumb-23030759-1812536-084-thumb.jpg?c=16x9&q=h_540,w_960,c_fill" } }" data-vr-video="false" data-show-html="The Lead" data-byline-html=" By Jake Tapper, CNN " data-timestamp-html=" Published 6:33 PM EDT, Fri October 2, 2026 " data-check-event-based-preview="" data-is-vertical-video-embed="false" data-network-id="" data-publish-date="2026-09-30T23:09:01.670Z" data-video-section="business" data-canonical-url="https://www.cnn.com/2026/09/30/business/video/exiger-ceo-reacts-to-tech-execs-pledging-to-self-police-ai-companies-lead-jake-tapper" data-branding-key="" data-video-slug="exiger-ceo-reacts-to-tech-execs-pledging-to-self-police-ai-companies-lead-jake-tapper" data-first-publish-slug="exiger-ceo-reacts-to-tech-execs-pledging-to-self-police-ai-companies-lead-jake-tapper" data-video-tags="" data-breakpoints='{"video-resource--media-extra-large": 660}' data-display-video-cover="" data-unselectable="true" data-details=""> CEO reacts to tech execs pledging to ‘self-police’ their AI products 2:06 Now playing • Source: CNN • Source: CNN " data-fave-thumbnails="{"big": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/screenshot-2026-09-29-at-3-07-17-pm.png?c=16x9&q=h_540,w_960,c_fill" }, "small": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/screenshot-2026-09-29-at-3-07-17-pm.png?c=16x9&q=h_540,w_960,c_fill" } }" data-vr-video="false" data-show-html="" data-byline-html=" By Blake McGill, CNN " data-timestamp-html=" Published 6:33 PM EDT, Fri October 2, 2026 " data-check-event-based-preview="" data-is-vertical-video-embed="false" data-network-id="" data-publish-date="2026-09-29T18:54:56.387Z" data-video-section="business" data-canonical-url="https://www.cnn.com/2026/09/29/business/video/cncpm-trump-bans-canadian-alcohol-imports" data-branding-key="" data-video-slug="cncpm-trump-bans-canadian-alcohol-imports" data-first-publish-slug="cncpm-trump-bans-canadian-alcohol-imports" data-video-tags="" data-breakpoints='{"video-resource--media-extra-large": 660}' data-display-video-cover="" data-unselectable="true" data-details=""> Video Ad Feedback Trump bans Canadian booze. Will American shoppers notice? 2:57 Now playing • Source: CNN • Source: CNN " data-fave-thumbnails="{"big": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/still-23025583-47741-still.jpg?c=16x9&q=h_540,w_960,c_fill" }, "small": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/still-23025583-47741-still.jpg?c=16x9&q=h_540,w_960,c_fill" } }" data-vr-video="false" data-show-html="" data-byline-html=" By Maisie Linford, CNN " data-timestamp-html=" Published 6:33 PM EDT, Fri October 2, 2026 " data-check-event-based-preview="" data-is-vertical-video-embed="false" data-network-id="" data-publish-date="2026-09-29T13:25:58.487Z" data-video-section="business" data-canonical-url="https://www.cnn.com/2026/09/29/business/video/greenland-energy-ceo-robert-price" data-branding-key="" data-video-slug="greenland-energy-ceo-robert-price" data-first-publish-slug="greenland-energy-ceo-robert-price" data-video-tags="" data-breakpoints='{"video-resource--media-extra-large": 660}' data-display-video-cover="" data-unselectable="true" data-details=""> Video Ad Feedback Greenland Energy CEO says 'The world needs oil' 4:06 Now playing • Source: CNN • Source: CNN " data-fave-thumbnails="{"big": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/screenshot-2026-09-28-at-1-59-23-pm.png?c=16x9&q=h_540,w_960,c_fill" }, "small": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/screenshot-2026-09-28-at-1-59-23-pm.png?c=16x9&q=h_540,w_960,c_fill" } }" data-vr-video="false" data-show-html="" data-byline-html=" By Blake McGill, CNN " data-timestamp-html=" Published 6:33 PM EDT, Fri October 2, 2026 " data-check-event-based-preview="" data-is-vertical-video-embed="false" data-network-id="" data-publish-date="2026-09-28T17:55:37.455Z" data-video-section="business" data-canonical-url="https://www.cnn.com/2026/09/28/business/video/cncpm-nvidia-new-software-platform-rogue-artificial-intelligence-agents-jensen-huang" data-branding-key="" data-video-slug="cncpm-nvidia-new-software-platform-rogue-artificial-intelligence-agents-jensen-huang" data-first-publish-slug="cncpm-nvidia-new-software-platform-rogue-artificial-intelligence-agents-jensen-huang" data-video-tags="" data-breakpoints='{"video-resource--media-extra-large": 660}' data-display-video-cover="" data-unselectable="true" data-details=""> Video Ad Feedback Nvidia launches new tool to keep AI agents from going rogue 6:02 Now playing • Source: CNN • Source: CNN " data-fave-thumbnails="{"big": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/mims-ai-inflation.png?c=16x9&q=h_540,w_960,c_fill" }, "small": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/mims-ai-inflation.png?c=16x9&q=h_540,w_960,c_fill" } }" data-vr-video="false" data-show-html="" data-byline-html=" By Pamela Brown and David Goldman, CNN " data-timestamp-html=" Published 6:33 PM EDT, Fri October 2, 2026 " data-check-event-based-preview="" data-is-vertical-video-embed="false" data-network-id="" data-publish-date="2026-09-28T16:21:26.020Z" data-video-section="business" data-canonical-url="https://www.cnn.com/2026/09/28/business/video/cnn-sitroom-brown-goldman-make-it-make-sense-ai-boom-inflation" data-branding-key="" data-video-slug="cnn-sitroom-brown-goldman-make-it-make-sense-ai-boom-inflation" data-first-publish-slug="cnn-sitroom-brown-goldman-make-it-make-sense-ai-boom-inflation" data-video-tags="" data-breakpoints='{"video-resource--media-extra-large": 660}' data-display-video-cover="" data-unselectable="true" data-details=""> Video Ad Feedback Make It Make Sense: Why is the AI boom making inflation harder to tame? 4:22 Now playing • Source: CNN • Source: CNN " data-fave-thumbnails="{"big": { "uri": "https://media.cnn.com/api/v1/images/stellar/videothumbnails/32651642-68501534-generated-thumbnail.jpg?c=16x9&q=h_540,w_960,c_fill" }, "small": { "uri": "https://media.cnn.com/api/v1/images/stellar/videothumbnails/32651642-68501534-generated-thumbnail.jpg?c=16x9&q=h_540,w_960,c_fill" } }" data-vr-video="false" data-show-html="Smerconish" data-byline-html=" " data-timestamp-html=" Published 6:33 PM EDT, Fri October 2, 2026 " data-check-event-based-preview="" data-is-vertical-video-embed="false" data-network-id="" data-publish-date="2026-09-26T14:20:05.950Z" data-video-section="business" data-canonical-url="https://www.cnn.com/2026/09/26/business/video/smerconish-0926-wealth-growth-america" data-branding-key="" data-video-slug="smerconish-0926-wealth-growth-america" data-first-publish-slug="smerconish-0926-wealth-growth-america" data-video-tags="" data-breakpoints='{"video-resource--media-extra-large": 660}' data-display-video-cover="" data-unselectable="true" data-details=""> Smerconish speaks with Eric Zwick, co-author of the book "The Everywhere Millionaire", about "main street millionaires", a class of Americans across the country operating businesses in their communities, and the entrepreneurial promise that offers another path to upward mobility.

U.S. economy adds just 29,000 jobs in September
Europe
The Guardian

US supreme court hears big oil’s bid to block climate damage lawsuits

Suncor Refinery in Commerce City, Colorado, on 26 July 2023. Photograph: Hyoung Chang/Denver Post/Getty ImagesView image in fullscreenSuncor Refinery in Commerce City, Colorado, on 26 July 2023. Photograph: Hyoung Chang/Denver Post/Getty ImagesDemocracy, climate and justiceUS supreme courtUS supreme court hears big oil’s bid to block climate damage lawsuitsHow the court will lean is unclear amid Suncor Energy and ExxonMobil’s attempt to stop lawsuits at state level About this contentHilary BeaumontMon 5 Oct 2026 15.57 EDTFirst published on Mon 5 Oct 2026 09.34 EDTSharePrefer the Guardian on GoogleThe US supreme court began its new nine-month term hearing arguments on Monday in a major case in which big oil companies attempted to strike a fatal blow against lawsuits that seek to hold them accountable for the climate crisis. After the almost two-hour hearing, while it was not yet clear which way the justices were leaning, experts said the court may find it challenging to write a majority decision siding with industry. In Suncor Energy Inc v County Commissioners of Boulder County, local officials in Boulder are suing Suncor Energy and ExxonMobil in state court to force the companies to share a portion of the costs that the climate crisis has imposed on local taxpayers. However, Exxon and Canada-based Suncor are arguing that federal law prevents state courts from hearing Boulder’s climate change lawsuit. If the supreme court justices side with Boulder or decide that the case is not in their jurisdiction, then it would continue in state court. But if the fossil fuel industry convinces the justices, the decision could apply not only to the Boulder case, but also to dozens of other climate cases brought by state and local governments around the US. As a result of Justice Samuel Alito’s recusal from the case, there are only five conservative justices weighing in, so Boulder county must only convince one conservative justice to win, assuming the three liberal justices back Boulder. Some noted that the justices focused their questions primarily on the merits of the case rather than asking if the court had jurisdiction to hear it, suggesting they will make a decision on the question of whether federal law pre-empts Boulder’s state climate case. Kannon Shanmugam, a lawyer for the fossil fuel companies, told the justices that climate change was a pressing issue, but state cases such as the one filed by Boulder were the wrong way to resolve it, and the issue should be left to lawmakers. He argued that if the cases were heard in state courts, it would allow a high number of lawsuits to be filed. “The breadth of Boulder’s argument is astonishing,” he said. Shanmugam argued that climate change is different from other interstate pollution cases “because the claim runs through global climate change” and involves anyone who uses fossil fuels worldwide. Kirti Datla, the director of Earthjustice’s strategic legal advocacy program, said the industry lawyer needed five justices to agree with him. “Some of the justices seemed to be persuaded by the idea that climate change is different, or the sheer number of these suits creates a problem of a different kind,” Datla said. But she added that the justices were struggling to come up with reasons based in law that would support the industry arguments. “It’s always been Suncor’s task to provide them with clear answers to those questions, and I didn’t hear clear answers to those questions in argument.” Dennis Fan, the founder and director of the Appellate Litigation Clinic at Columbia Law School who wrote an amicus brief in the case, said it was too close to call, but he was concerned for the future of the climate cases. “They focused more on the merits,” he said. “That had me much more worried for Boulder.” Fan said the industry hopes this case is going to be the “death blow” to this type of lawsuit. “The industry is going for the home run … They’re thinking, ‘If we win this argument, there will never, ever be climate change litigation again.’” Boulder officials filed a lawsuit in Colorado court in 2018 arguing that Exxon and Suncor concealed and misrepresented to the public what they knew about the damage that burning fossil fuels would do to the climate, and that they should pay for the resulting costs of disasters. Initially, the firms sought to have the case moved to federal court. Then when the Colorado supreme court allowed Boulder’s case to make its way toward trial in state court, Exxon and Suncor appealed that ruling up to the supreme court, arguing it should be dismissed on grounds of federal pre-emption.

US supreme court hears big oil’s bid to block climate damage lawsuits
Asia
The Economic Times

RBI measures may boost local bond demand amid rupee pressure

Indian companies may re-enter the bond market given recent central bank measures aimed at stabilizing the rupee. High overseas yields and increased hedging costs have limited borrowing options for these businesses. Analysts suggest that some companies could reconsider bond issuances previously canceled because of excessive yields. With rising bank borrowing costs, bonds may become more appealing for certain issuers seeking flexibility. Four rules made HDFC Bank a compounder. All four have stopped. Can the new CEO rewrite them?

RBI measures may boost local bond demand amid rupee pressure
Europe
BBC Business

How India became dangerously addicted to Chinese imports

Take a walk into an Indian toy shop and as well as picking up a new favourite plaything for a child, you might just get an insight into how the nation is battling for a batter economic relationship with its all-powerful neighbour China. Six years ago, in an attempt to push local manufacturing and keep substandard toys out of its market, India raised tariffs on imported toys from 20% to 60% and eventually to 70%. Retailers were up in arms and said that domestic firms could never match the foreign-made stuff. But the combination of higher customs duties and quality control standards worked. Indian imports of toys fell by a third from nearly $300mn in 2020 to $100mn this year, while exports rose from around $129mn to $200mn in the same period. Moreover, the country was able to drastically reduce its dependence on China, which held a 70% share of the local toy market. The sector stands out as a rare exception in India's otherwise unsuccessful attempts to rebalance an increasingly lopsided trading relationship with its larger neighbour, which some experts say, is now among the most asymmetric in the world. Even as diplomatic ties between the two countries completely broke down following the Galwan Valley clashes in 2020 and Delhi announced a slew of anti-dumping duties and a ban on Chinese apps such as Tik Tok, its trade deficit with Beijing has only ballooned - from $44bn in 2020 to an eye-popping $112bn this year. "India's economic dependence on China continued to deepen while political, security, and investment ties were at their lowest point," Kevin Zongzhe Li, a Washington-based Fellow at the Asia Society Policy Institute's Centre for China Analysis, told the BBC. More worryingly, exports to China remained below pre-pandemic level even as imports doubled in this period. "China now supplies over 30% of India's industrial imports, and India depends on it for more than 100 critical products. And the imbalance is worsening," says Ajay Srivastava of the Delhi-based Global Trade and Research Initiative (GTRI). If the rapid pace of imports continues, bilateral deficit could jump to $134bn, giving Beijing even more leverage over Indian industry, according to Srivastava. On the sidelines of the Brics summit in Delhi in September, amid a deepening thaw between the Asian giants, Prime Minister Narendra Modi and Chinese President Xi Jinping vowed to address, external these "structural trade imbalances and supply chain issues". But given how deeply entrenched Chinese imports have become to India's industrial economy, this will be a formidable task for Delhi, experts told the BBC.

How India became dangerously addicted to Chinese imports
North America
CNBC Finance

Walmart is using light-up digital shelf labels to help shoppers and employees find items

Walmart is aiming to make it as easy as possible for its customers to find exactly what they want. The retailer is leveraging three new tools tied to its digital shelf labels for both customers and store associates to better find products. It's the latest part of the company's push to modernize its technology and incorporate artificial intelligence into its business. "We are people-led, tech-powered," said Greg Cathey, Walmart's senior vice president of digital transformation. "But the way we look at it is AI as a way to help associates do their job and free up time to allow them to invest in what they love to do most, which is spend more time with customers and their fellow associates." The new feature for shoppers, called Shop to Light, allows customers to find specific products on the Walmart app, navigate to the correct aisle in the store and then flash the digital shelf label of the product to locate it. The retailer is now incorporating it widely following a pilot program. That tool is also paired with Pick to Light and Stock to Light, which use the same capabilities to help store associates pick items for digital orders and stock products. All three features will be rolled out to stores companywide by the holiday season, Cathey said. "This is a use case that customers have asked us for, associates have asked us for," Cathey said. "It gives them time back, and I think if you look at a lot of what we're trying to do, it's all around convenience and being able to help associates and customers free up that time to invest it where they want." The rollout comes as convenience and speed — particularly in the delivery and pickup segments — have become critical pieces of Walmart's efforts to increase sales. While Walmart's business has grown steadily, and its e-commerce sales continue to soar, investor concerns about its comparable sales and revenue outlook weighed on its stock after its most recent earnings report in August. Walmart stores carry roughly 120,000 items. Cathey said it's a priority for the company to provide that large range of products while making it easier for customers to locate precise items. While the company does not publicly share any financial aspects of the program, Cathey said the new features at pilot stores allow associates and customers to have more time while shopping and stocking. The Shop to Light feature has already seen 5 million flashes from customers since it began rolling out to limited locations this summer. He said these new features will be especially important as the retailer heads into the busy holiday season, and the company views them as "a big win" for time savings. Walmart began using digital shelf labels, as opposed to paper labels, to allow automatic and systemwide price changes to be rolled out at once. The company currently has more than 4,300 stores with digital shelf labels, and expects them to be installed across the chain by the end of the year, according to Walmart. He added that the label prices are changed overnight, when customers aren't in the store, and the system has human oversight as well to ensure it has "robust governance" and doesn't make mistakes. Currently, roughly 90% of the sections within the store have digital shelf labels, he said.

Walmart is using light-up digital shelf labels to help shoppers and employees find items
Asia
The Hindu BusinessLine

The Wealth Company AIF invests ₹400 crore in sports brand Boldfit

The Wealth Company Alternates said its Bharat Value Fund has invested ₹400 crore in homegrown sports brand Boldfit, as part of its Series B funding round. | Photo Credit: iStockphoto The Wealth Company Alternates, a part of Pantomath Group, on Monday said its Bharat Value Fund has invested ₹400 crore in homegrown sports brand Boldfit, as part of its Series B funding round. This marks Bharat Value Fund's fourth significant investment in the past 12 months, with an average investment size of ₹400 crore each. "The investment will support Boldfit's next phase of expansion, with significant investments planned for nationwide retail expansion, product innovation and manufacturing," The Wealth Company Alternates said in a statement. The company will also selectively pursue inorganic opportunities to strengthen its category presence and capabilities. Pallav Bihani, Founder and CEO at Boldfit, said, the investment marks an important step towards building an institution that can shape Indian sport for decades to come. Founded in 2018 by Pallav Bihani, Boldfit has established a diversified sports business spanning performance sportswear, athletic footwear, sports equipment and fitness essentials. It serves over 2 crore customers annually. Boldfit had previously raised ₹110 crore from global venture capital firm Bessemer Venture Partners in its Series A funding round in 2024. The company also counts sports persons -- KL Rahul and Sania Mirza -- among its investors. Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.

The Wealth Company AIF invests ₹400 crore in sports brand Boldfit
Asia
The Hindu BusinessLine

Visakhapatnam ITI cluster to get a ₹200 crore facelift

The Government of Andhra Pradesh, the Government of India and ArcelorMittal Nippon Steel India (AM/NS India) have signed a Shareholders’ Agreement to upgrade four Government Industrial Training Institutes (ITIs) in the Visakhapatnam cluster under (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) with an investment of ₹200 crore. The Visakhapatnam cluster’s Strategic Investment Plan was the first in the country to be approved by PM-SETU’s National Steering Committee. A dedicated Special Purpose Vehicle (SPV) will be formed to manage the upgrades and operations. AM/NS India will hold 51 per cent of it, and the Government of Andhra Pradesh and the Government of India will hold 24.5 percent each. “Our priority is to ensure that Andhra Pradesh’s industrial growth creates opportunities for our young people. This partnership with AM/NS India will help students at four Government ITIs gain practical skills that employers need. By improving training facilities and bringing industry expertise into technical education, we aim to strengthen their employability and help them participate in the State’s growth,’’ Nara Lokesh, AP Minister for IT, Electronics & Communication and HRD said in a release on Monday. Ashutosh Telang, Director & Vice President – HR & Administration, AM/NS India, said: “Through this partnership, we will bring our manufacturing experience and NAMTECH’s technical education expertise to four Government ITIs in the Visakhapatnam cluster. Better facilities, hands-on learning and stronger instructor training will help students build skills that employers need. Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.

Visakhapatnam ITI cluster to get a ₹200 crore facelift
Europe
BBC Business

Shadow chancellor to unveil Tory plans to cut taxes and regulations

Image source, PA MediaByRichard WheelerPolitical reporterPublished4 October 2026Updated 1 hour agoConservative shadow chancellor Andrew Griffith is to outline his plans for the UK economy, including hopes to cut taxes, red tape and house-building costs. Griffith and his colleagues will also use day two of the party's conference in Birmingham to explain how they would want to reduce food costs, support Heathrow Airport expansion, and abolish Natural England and the Environment Agency. Another prospective policy is replacing agreements designed to compel developers to fund community projects and services in areas they want to build. Griffith will describe his approach as the "most ambitious deregulation project in a generation". Reform UK suggested the Tories were "copying our policies". Griffith's speech comes after Conservative Party leader Kemi Badenoch published a 100-page document, external explaining her guiding principles and how her party would act should it return to government by winning the next general election. Following their historic defeat in the 2024 general election, the Conservatives have been trying to rebuild and convince voters that they can be trusted again. The Tories have faced repeated attacks from their opponents for their record in government, including on the economy, between 2010 and 2024. Speaking to BBC Breakfast, Griffith said infrastructure development was key to his plan, throwing his support behind the expansion of Heathrow airport. "Someone, sooner or later, has to get serious about getting this country growing again," he said. "It's a national embarrassment that we can't get that third runway built - we've said we will get full square behind that and the government should do that right now. "Whether it's reservoirs or reactors we need a system of getting infrastructure in this country that really works." Pressed on whether he would keep the pensions triple lock, which Prime Minister Andy Burnham has proposed changing, he said: "We are going to keep it."

Shadow chancellor to unveil Tory plans to cut taxes and regulations